Company Registration No. 04308303 (England and Wales)
Brightlite Electrical Services Limited
Unaudited accounts
for the year ended 31 October 2023
Brightlite Electrical Services Limited
Unaudited accounts
Contents
Brightlite Electrical Services Limited
Company Information
for the year ended 31 October 2023
Directors
D Turner
S Turner
Company Number
04308303 (England and Wales)
Registered Office
36 BULFORD CLOSE
CRESSING
BRAINTREE
ESSEX
CM77 8HH
Accountants
Aldertons Accountants
Oak House
2 Woodward Close
Ipswich
IP2 0EA
Brightlite Electrical Services Limited
Statement of financial position
as at 31 October 2023
Tangible assets
8,461
8,030
Cash at bank and in hand
(4,590)
(21,753)
Creditors: amounts falling due within one year
(21,658)
(23,088)
Net current assets/(liabilities)
15,067
(865)
Total assets less current liabilities
23,528
7,165
Creditors: amounts falling due after more than one year
(20,983)
(24,871)
Net assets/(liabilities)
2,545
(17,706)
Called up share capital
2
2
Profit and loss account
2,543
(17,708)
Shareholders' funds
2,545
(17,706)
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 November 2023 and were signed on its behalf by
S Turner
Director
Company Registration No. 04308303
Brightlite Electrical Services Limited
Notes to the Accounts
for the year ended 31 October 2023
Brightlite Electrical Services Limited is a private company, limited by shares, registered in England and Wales, registration number 04308303. The registered office is 36 BULFORD CLOSE, CRESSING, BRAINTREE, ESSEX, CM77 8HH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
4% straight line
Motor vehicles
20% straight line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
7,878
3,952
33,559
45,389
At 31 October 2023
9,370
3,952
33,559
46,881
At 1 November 2022
3,348
3,952
30,059
37,359
Charge for the year
186
-
875
1,061
At 31 October 2023
3,534
3,952
30,934
38,420
At 31 October 2023
5,836
-
2,625
8,461
At 31 October 2022
4,530
-
3,500
8,030
Brightlite Electrical Services Limited
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Trade debtors
37,670
40,331
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
13,970
14,709
Taxes and social security
4,837
(4,321)
Loans from directors
341
7,241
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 7 (2022: 7).